Forum Archive Index - November 2001
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[sharechat] Daily ShareChat News Summary
Hi everyone, here's the summary of the ShareChat News from yesterday.
If you'd like to receive notification of breaking news stories and
features from the ShareChat editorial team as soon as they're
available, please subscribe to the ShareChat News Alert Service,
using the form at http://www.sharechat.co.nz/services/newsalert.php.
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Air NZ fare jump raises Opposition ire
The National Party is criticising recent increases in Air New Zealand's
trans-Tasman airfares, warning that they will have a big impact on the
country's tourism industry
http://www.sharechat.co.nz/news/scnews/article.php/a66bdf5e
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Frucor appraisal due mid-November
It'll be another two weeks before Frucor shareholders learn the independent
appraisal value of the company's shares, currently under offer at $2.35 from
French food and beverage group, Danone
http://www.sharechat.co.nz/news/scnews/article.php/d9b66486
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Global uncertainty hits Advantage
Tech firm Advantage has announced a first quarter loss and warned that it is
suffering from the fallout of the September 11 events and the collapse of
Ansett Australia
http://www.sharechat.co.nz/news/scnews/article.php/c15248fe
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Outlook difficult for beleaguered airline
Air New Zealand lost $52 million before tax in the first quarter and says
trading condition remain very difficult for its core businesses
http://www.sharechat.co.nz/news/scnews/article.php/479fa640
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Sky picks up state TV channels
State-owned television broadcaster TVNZ has joined the satellite services of
pay TV-operator Sky Network Television
http://www.sharechat.co.nz/news/scnews/article.php/fa9105ca
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Steel & Tube shares Canadian proceeds
Steel & Tube Holdings has announced a special dividend of 10 cents per share
following the sale of its Canadian steel distribution business, A J Forsyth &
Company
http://www.sharechat.co.nz/news/scnews/article.php/f882df04
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Chicken sites to go under the hammer
Fast food operator Restaurant Brands plans to auction 51 of its KFC sites and
use the proceeds to pay debt and fund growth
http://www.sharechat.co.nz/news/scnews/article.php/7da478ac
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NZ Herald publisher sold to Aussies
Irish media magnate Tony O'Reilly has agreed to sell Auckland publisher Wilson
& Horton for $1.5 billion to Australia's APN News & Media
http://www.sharechat.co.nz/news/scnews/article.php/c76357de
Best Regards
The ShareChat Team
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